innocuous communication and communication about a cartel, sanctioning only the latter. To this aim, we introduce a participant …

on average significantly lower in cartel years than in non-cartel years. …

Germany, we study a cartel breakdown to identify the effect of competition on transport distances. Our econometric analyses …

on average significantly lower in cartel years than in non-cartel years. …

retailers, we show that RPM facilitates manufacturer collusion when retailers have alternatives to selling a manufacturer … manufacturers to establish higher prices. The use of renegotiation-proof RPM stabilizes collusion whereas otherwise RPM can decrease … the range of discount factors which enable stable collusion. …

policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each …

constrained. We show that collusion sustainability is non-monotonic in the size of the capacity constrained firm, which has little … incentive to deviate from a cartel. We also present conditions for the emergence of a partial cartel, with the capacity … small firm induces a partial conspiracy that is Pareto-dominant. Implications for cartel identification and enforcement are …

collusion, the analysis of the isoquant map of the cartel reveals that complementarity arises between the two weights. … define their objective functions. Our analysis focuses on the bearings of CSR on collusion over an infinite horizon … surplus has a pro-competitive effect under both full and partial collusion. Conversely, a higher impact of productivity on …